2 Bed Flat, Single Let, Norwich, NR2 1LL, £340,000

St. Giles Street, Norwich, NR2 1LL - 2 months ago

Leasehold
BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£46.3K - £310K
Sold Prices/m²£756/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5K/m²

Value Estimate

£170,833

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Total Cash In

£107,700

 

 

Cash Out

 

Rent Range

£950 - £1,650

Rent Estimate

£950

Running Costs/mo

£1,273

Cashflow/mo

£-322

Cashflow/yr

£-3,870

Gross Yield

3%

Local Sold Prices

50 sold prices from £46.3K to £310K, average is £174.8K. £756/m² to £3.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£181K03/210.1 miFlat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY2
£181K03/210.1 miFlat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY2
£180K01/210.14 mi4, Three King Lane, Norwich, Norfolk NR2 1TX2
£165K09/230.14 miFlat 1, Maude Gray Court, St Benedicts Street, Norwich, Norfolk NR2 4PA2
£217.5K03/210.19 mi7, St Margarets Street, Norwich, Norfolk NR2 4TU2
£150K07/230.19 mi17, Watlings Court, Norwich, Norfolk NR2 1HA2
£180K07/230.19 mi16, Watlings Court, Norwich, Norfolk NR2 1HA2
£207K01/210.21 mi91, Wellington Lane, Norwich, Norfolk NR2 1HJ2
£310K06/210.22 mi47, Chapel Field East, Norwich, Norfolk NR2 1SF2
£195K09/230.23 miFlat 44, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£182K09/210.23 miFlat 33, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£128K09/230.24 mi24, Johnson Place, Norwich, Norfolk NR2 2SA2
£200K10/230.24 miFlat 18, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£205K11/230.24 miFlat 35, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£215K03/230.24 miFlat 3, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£156.5K08/230.28 mi76, Paragon Place, Norwich, Norfolk NR2 4BP2
£180K12/200.29 mi18, Unicorn Yard, Norwich, Norfolk NR3 3AL2
£165K03/230.3 mi66, Paragon Place, Norwich, Norfolk NR2 4BP2
£143K09/210.35 mi11, Golding Place, Norwich, Norfolk NR2 4BD2
£236.5K01/230.36 mi10, Roaches Court, Norwich, Norfolk NR3 1HJ2
£260K11/210.37 mi17, St Martin At Bale Court, Norwich, Norfolk NR1 3DZ2
£133K08/230.37 mi41, West Pottergate, Norwich, Norfolk NR2 4BN2
£177.5K08/230.37 mi6, West Pottergate, Norwich, Norfolk NR2 4BN2
£199.9K12/200.38 mi8, Woburn Street, Norwich, Norfolk NR2 2RQ2
£155K11/200.38 mi24, Norfolk Street, Norwich, Norfolk NR2 2SN2
£164K12/220.38 mi17, Charles Square, Norwich, Norfolk NR2 4BE2
£190K03/230.39 mi29, Wessex Street, Norwich, Norfolk NR2 2TJ2
£92.5K12/220.39 mi17, Wessex Street, Norwich, Norfolk NR2 2TJ2
£200K01/230.39 mi7, Wessex Street, Norwich, Norfolk NR2 2TJ2
£46.3K03/210.39 mi39, Wessex Street, Norwich, Norfolk NR2 2TJ2
£170K11/220.39 mi18, Wessex Street, Norwich, Norfolk NR2 2SP2
£200K10/230.39 mi23a, Wensum Street, Norwich, Norfolk NR3 1LA2
£145K01/240.41 mi14, Ely Street, Norwich, Norfolk NR2 4PS2
£177K07/230.42 mi27, Kenneth Mckee Plain, Norwich, Norfolk NR2 2TH2
£125K03/210.42 mi151, Somerleyton Gardens, Norwich, Norfolk NR2 2BS2
£135K06/230.42 mi63, Douro Place, Norwich, Norfolk NR2 4BQ2
£145K05/230.42 mi57, Douro Place, Norwich, Norfolk NR2 4BQ2
£140K01/210.42 mi8, Distillery Square, Norwich, Norfolk NR2 4BH2
£150K10/210.44 mi33, Brooke Place, Norwich, Norfolk NR1 3EX2
£165K01/230.44 mi102, West Pottergate, Norwich, Norfolk NR2 4BW2
£147K11/230.44 mi101, West Pottergate, Norwich, Norfolk NR2 4BW2
£135K03/230.44 mi83, West Pottergate, Norwich, Norfolk NR2 4BW2
£180K10/210.44 mi4, Maidstone Road, Norwich, Norfolk NR1 1EA2
£172.5K11/230.44 mi49, Maidstone Road, Norwich, Norfolk NR1 1EA2
£185K08/230.45 miFlat 19, Morgan House, Rouen Road, Norwich, Norfolk NR1 1QQ2
£125K01/240.45 mi111, Somerleyton Gardens, Norwich, Norfolk NR2 2BP2
£152K09/210.46 mi56, Heigham Grove, Norwich, Norfolk NR2 3DH2
£140K12/200.47 mi25, Fishergate, Norwich, Norfolk NR3 1SE2
£218K11/200.51 mi5, Maltsters Yard, Norwich, Norfolk NR1 1RQ2
£180K12/220.51 mi26, Blackfriars Street, Norwich, Norfolk NR3 1SF2

Local Rents

51 rents from £950/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40006/240.03 mi-2
£1,30008/240.04 miSt Giles Street, Norwich2
£1,35006/240.05 miSt Giles Street, Norwich2
£1,15006/240.05 miSt Giles Street, Norwich2
£1,20008/240.06 miVantage House, NR2 1EY2
£1,30008/240.06 miVantage House, NR2 1EY2
£1,25002/250.07 mi-2
£1,25003/250.07 mi-2
£95008/240.07 miBethel Street, NORWICH2
£1,35006/240.07 miSt Giles Street, Norwich2
£1,20007/240.07 miSt Giles Street, Norwich2
£1,20008/240.07 miSt Giles Street, Norwich2
£1,20008/240.07 miSt Giles Street, Norwich2
£1,15006/240.08 miSt. Giles Street, Norwich, Norfolk, NR22
£1,05003/240.08 miSt. Giles Street, Norwich, NR22
£1,25010/240.1 mi-2
£1,25010/240.1 mi-2
£1,22501/250.1 mi-2
£95009/240.1 miColman House, Pottergate2
£1,29501/240.11 mi-2
£1,30005/240.11 mi-2
£1,50006/240.12 miShibleys Court, Norwich, Norfolk2
£1,15006/240.14 miUpper St. Giles2
£1,09506/240.17 miAnchor Quay, Norwich, Norfolk, NR32
£1,10005/240.18 mi-2
£1,60012/240.18 mi-2
£1,15007/240.19 miUpper St. Giles Street, NR22
£1,10006/240.19 miWatlings Court, Norwich2
£95006/240.19 miSt Margarets Street, Norwich2
£1,30008/240.19 miSt Margarets Street, Norwich2
£1,10006/240.19 miNorwich, NR22
£1,40003/240.19 miCastle Meadow, Norwich, NR22
£1,40006/240.2 miCastle House, Castle Meadow2
£1,00006/240.2 miCopeman Street, Norwich2
£1,10007/240.2 miCopeman Street, Norwich, Norfolk, NR22
£1,65012/240.21 miCastle Meadow, Norwich2
£1,15007/240.21 miCity2
£1,10006/240.21 miWellington Lane, Norwich2
£1,20007/240.21 miWellingtons Lane, Norwich2
£1,25008/240.21 miPottergate, NORWICH2
£1,10012/240.22 miChapelfield Gardens, Norwich2
£1,10006/240.23 miDuke Street, Norwich, Norfolk, NR32
£1,50002/250.25 mi-2
£1,17512/240.27 miChapelfield Gardens, Norwich, 2
£1,15008/240.27 mi-2
£1,15009/240.27 mi-2
£1,15008/240.27 miVauxhall Street, Norwich, NR22
£1,60003/240.29 miWestlegate, Norwich2
£95006/240.29 miNorwich2
£1,50007/240.29 miTillyard House, 70-72 St Georges Street, Norwich2
£1,05006/240.3 miNorwich, NR32

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

0.76 miles away

Nearest school

0.30 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £340,000

February 28, 2025

Floor Plans

Description

  • Two-bedroom flat located in the heart of the city centre +
  • Grade II charm +
  • Full of character +
  • Spacious hall +
  • A wealth of space throughout +
  • Elegant and stylish interior +
  • 27ft lounge (stm) with a feature fireplace +
  • Walk-in wardrobe +
  • Generous size ensuite +

Immerse yourself in timeless sophistication with this exquisite two-bedroom residence gracefully positioned on St. Giles Street. As an added touch of charm, a 13th-century church is just moments away, offering a historical and picturesque backdrop to this distinguished address. This Grade II listed apartment oozes character, nestled in a prime location, this residence is your ticket to the vibrant heart of the city, where every amenity is at your fingertips. Immerse yourself in the allure of city living in this iconic and characterful abode.

Location St. Giles Street, a historic thoroughfare nestled in the heart of the city, effortlessly blends the charm of Norwich's past with the vibrancy of its present. Lined with picturesque architecture and Grade II listed buildings, including our featured apartment, this iconic street exudes character at every turn. Boasting a prime location, St. Giles Street puts you within a stone's throw of the city's cultural, dining, and shopping scenes. Experience the pulse of Norwich right outside your door on the timeless and captivating St. Giles Street. St. Giles Street Indulge in the epitome of city living with this exquisite two-bedroom apartment, centrally located on the iconic St. Giles Street. Set within a Grade II listed building, this residence seamlessly marries historical allure with modern sophistication. Enter the grandeur of a 27ft lounge/dining room, an expansive space that effortlessly accommodates both relaxation and entertainment. The stylish interior, punctuated by stunning sash windows and a captivating feature fireplace, creates an ambiance of timeless elegance.

The well-equipped kitchen, a culinary haven, is designed for both form and function. Boasting a bright bathroom suite and discover the convenience of an ensuite to the master bedroom, complete with a walk-in wardrobe.

Perfectly suited for those seeking connectivity to city centre amenities, every convenience is at your doorstep. Whether it's shopping, dining, or cultural pursuits, you're in the heart of it all.

Outside, a communal driveway with a fully shingled surface provides ease of access and on-road permit parking. This residence not only offers a home but an experience – an invitation to savour the vibrancy of city life while enjoying the comfort and character of a Grade II listed gem. Elevate your lifestyle with this stunning city retreat on St. Giles Street. Agents Notes We understand the property will be sold leasehold with 104 years remaining on the lease and connected to all mains services.
Ground rent - £1 P/A.
Maintenance charge - £75 P/M.
Council tax band - C.
Residential permit parking.

EPC Rating: C Disclaimer Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Minors & Brady, Unthank Road, Norwich

01603 361808

Next Steps?

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